NOT LISTED FOR SALE

7101 E Co Road 550 S Muncie, IN 47302

Estimated Value: $251,000 - $272,000

4 Beds
2 Baths
1,664 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $239,000 $144 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,481/month

5 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Ranch Style House
  • Selma Elementary School Rated A-
  • Lake, Pond or Stream
  • Backs to Open Ground

About This Home

As of March 2024

This home is located at 7101 E Co Road 550 S, Muncie, IN 47302 since 08 February 2024 and is currently estimated at $259,747, approximately $156 per square foot. This property was built in 1980. 7101 E Co Road 550 S is a home located in Delaware County with nearby schools including Selma Elementary School, Selma Middle School, and Wapahani High School.

Last Agent to Sell the Property

Diana Martin

NonMember MEIAR Listed on: 02/08/2024

NonMember MEIAR

Last Buyer's Agent

Karen Dall

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $974

Year Built

  • Built in 1980

Lot Details

  • 1.7 Acre Lot
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Selma Elementary And Middle School
  • Wapahani High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 18-16-08-325-002.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$974

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1980
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NE QTR SW QTR 1.7000Acres STR: 081911 IN: OUT:
  • Parcel Number ID: 18-16-08-325-002.000-020
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Open Floor Plan, Range/Oven Hook Up Elec, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1664
  • Total Finished Sq Ft: 1664
  • Above Grade Finished Sq Ft: 1664
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 13x25, On Level: Main
  • Kitchen: Dimensions: 12x16, On Level: Main
  • Dining Room: Dimensions: 12x8, On Level: Main
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 11x13, On Level: Main
  • Bedroom 4: Dimensions: 13x11, On Level: Main
  • Assessed Sq Ft: 1664
  • Main Level Sq Ft: 1664
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Outbuilding, Dimensions: 8x10, 80
  • Fence: Privacy, Wood

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x20
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx5, On Level: 7
  • Water Type: Pond
  • Well Type: Private

Schools

  • Elementary School: Selma

Lot Info

  • Lot Description: 0-2.9999
  • Estimated Lot Sq Ft: 74052
  • Estimated Lot Size Acres: 1.7

Tax Info

  • Annual Taxes: 974
  • Exemptions: Homestead

MLS Schools

  • High School: Wapahani
  • Middle School: Selma
  • School District: Liberty-Perry Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 22, 2024
Sold by
Bentley Mark D and Bentley Laurelee
Bought by
Gifford Judy J and Gifford Bobby R
Seller's Agent
Diana Martin
NonMember MEIAR
Buyer's Agent
Karen Dall
Coldwell Banker Real Estate Group
List Price
$239,000
Sold Price
$239,000
Views
3
Current Estimated Value
$259,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,747
Avg. Annual Appreciation
4.87%
Original Mortgage
$8,365
Interest Rate
1.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2020
Sold by
Whitten Andrew Stephen and Whitten Amanda K
Bought by
Bentley Mark D and Bentley Laurelee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Flynn Gary E and Flynn Delisa G
Bought by
Whitten Andrew Stephen and Whitten Amanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,704
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bleck Thomas J
Bought by
Flynn Gary E and Flynn Delisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,881
Interest Rate
5.69%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gifford Judy J -- None Listed On Document
Bentley Mark D -- None Available
Whitten Andrew Stephen -- Itic
Flynn Gary E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gifford Judy J $8,365
Open Gifford Judy J $234,671
Previous Owner Bentley Mark D $147,250
Previous Owner Whitten Andrew Stephen $126,704
Previous Owner Flynn Gary E $113,881
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $239,000 0.0% $144 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $239,000 -- $144 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,386 $207,300 $24,500 $182,800
2023 $1,186 $187,700 $24,500 $163,200
2022 $996 $155,500 $24,500 $131,000
2021 $938 $140,800 $24,500 $116,300
2020 $811 $122,600 $24,500 $98,100
2019 $693 $113,600 $24,500 $89,100
2018 $662 $113,600 $24,500 $89,100
2017 $692 $118,200 $23,700 $94,500
2016 $617 $109,700 $23,700 $86,000
2014 $656 $111,300 $26,400 $84,900
2013 -- $110,400 $26,400 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202409735

Indiana Regional MLS

APN: 18-16-08-325-002.000-020